DJ Synopsys Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Synopsys Inc. $(SNPS)$ rallied 2.14% to $422.23 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Synopsys Inc. closed 32.42% short of its 52-week high of $624.80, which the company reached on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 3.82% to $143.58, Lam Research Corp. $(LRCX)$ rose 5.12% to $66.73, and Autodesk Inc. $(ADSK)$ rose 1.26% to $264.44.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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April 23, 2025 16:42 ET (20:42 GMT)
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